Introduction of IPC Section 474
The Indian Penal Code (IPC) is a set of laws covering different crimes in India. Section 474 focuses on possessing a fake document while knowing it’s fake and planning to use it dishonestly. This rule stops people from using fake documents to cheat others, keeping official records and deals fair and honest.
What is Section 474 IPC ?
This part of the law focuses on having fake or copied valuable things like money, bonds, stocks, or stamps. It includes having anything that’s not real but looks like it, such as fake currency notes or forged official stamps.
IPC 474 Overview
IPC 474 covers having a fake document, knowing it’s fake, and planning to use it as if it were real. If someone holds a fake document, knowing it’s not genuine, and plans to trick others with it, they’re breaking this law. The goal is to stop fake documents from being used in any official or legal situation.
Key Points: IPC 474 in Simple Terms
- Definition of the Offense: IPC 474 involves having a forged document, knowing it is fake, and intending to use it as if it were real. This means keeping a false document and planning to deceive others with it.
- Knowledge of Forgery: The person must know that the document is forged. If someone genuinely believes the document is real, they are not liable under this section.
- Intent to Use Fraudulently: There must be an intention to use the forged document to deceive or gain an unfair advantage. Simply possessing a forged document without this intention is not enough.
- Types of Documents Covered: This section includes all types of forged documents, such as certificates, contracts, identification papers, and digital records.
- Preventing Fraud: IPC 474 helps prevent fraud by penalizing those who intend to use forged documents, thus protecting the integrity of official and legal processes.
- Impact on Legal and Official Transactions: This law ensures that documents used in legal and official matters are genuine, thereby maintaining trust in the authenticity of records.
IPC 474 Punishment
Maximum Imprisonment: 7 Years.
Fine: Yes, amount determined by the court
474 IPC bailable or non bailable ?
IPC 474 is a non-bailable offense. This means that getting bail is not automatic and is subject to the court’s discretion. The court will consider various factors, such as the severity of the offense and the circumstances of the case, before granting bail.
IPC Section 474 in short information
| Aspect | Details |
|---|---|
| Definition | Having a forged document, knowing it is fake, and planning to use it as if it were real. |
| Offense | If you keep a forged document, know it is fake, and intend to use it to deceive others, you commit a crime. |
| Punishment | You can be sent to jail for up to 7 years, have to pay a fine, or both. |
| Bailable | No, this is generally a non-bailable offense, meaning getting bail is not easy and depends on the court. |
IPC 474 FAQs
What is IPC 474?
IPC 474 is a section of the Indian Penal Code that criminalizes the act of having possession of any valuable security or stamp, knowing or having reason to believe that it has been forged or counterfeited.
What is Punishment for IPC 474
According to IPC 474, the punishment for having possession of a forged or counterfeited valuable security or stamp is imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Is IPC 474 Bailable or Non-Bailable?
The offense under IPC 474 is a non-bailable offense, which means that the accused cannot claim bail as a matter of right. The decision to grant bail rests with the court’s discretion based on the circumstances of the case.
What types of valuable securities are covered under IPC 474?
IPC 474 covers the possession of any valuable security that has been forged or counterfeited, including currency notes, bonds, shares, or other financial instruments.
Is the offense under IPC 474 cognizable or non-cognizable?
The offense under IPC 474 is typically a cognizable offense, which means that the police can arrest the accused without a warrant or a court order.
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